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Naples Homes & Condos: July 2015
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Saturday, July 25, 2015. Real Estate Ranks Tops Among Investments. Real estate is Americans' top investment choice, according to a new Bankrate survey. The survey asks Americans what kind of investments made the most sense and 27 percent said they'd invest in property if they had a pool of spare cash. Geographically, Americans living in the West or in urban areas showed the biggest preference toward real estate investments at 35 percent and 31 percent, respectively. Americans living in the South also...
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Naples Homes & Condos: January 2015
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Thursday, January 29, 2015. Smaller Fla. counties tops for residential investors. IRVINE, Calif. – Jan. 29, 2015 – Where should property investors park their money to achieve the greatest return on investment? However, Blomquist says some markets no longer offer a significant return to investors "because of rapidly rising prices over the past few years. Savvy single family rental investors will tread cautiously in such markets despite the siren song of strong home price appreciation.". Among the 516 coun...
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Naples Homes & Condos: September 2014
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Tuesday, September 30, 2014. Autumn Advantage: 4 Tips for Selling Your Home in Fall. A crisp chill in the air, the turning of leaves and the scent of pumpkin spice are all hallmarks of fall. There’s no doubt it’s a beautiful season, and if you’re planning on selling your home by the end of the year, you can capitalize on all the good work nature already provides for us. Accentuate the Positives When Selling Your Home. You want your home to stand out when you put it on the market, so start at the curb.
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Naples Homes & Condos: February 2015
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Friday, February 27, 2015. NAR: Pending sales hit highest level in 18 months. WASHINGTON – Feb. 27, 2015 – Improved buyer demand at the beginning of 2015 pushed pending home sales in January to their highest level since August 2013, according to the National Association of Realtors (NAR). All major regions except for the Midwest saw gains. All indications point to modest sales gains as we head into the spring buying season," says Yun. "However, the pace will greatly depend on how much upward pressure...
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Naples Homes & Condos: December 2014
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Thursday, December 25, 2014. NBA’s Stephen Jackson Puts San Antonio Home Up for Rent. Back in February, NBA free agent swingman Stephen Jackson put his San Antonio, TX, home up for sale for $3 million. He’s since slashed the price twice, and the home’s now sits at the list price of $2.7 million. However, Jackson still hasn’t found any takers, and the house just went up for rent for $12,500 per month; Kimberly Howell is the listing agent. The master bedroom has access to the outside, a sitting room, walk-...
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Naples Homes & Condos: Fewer Foreclosures May Bring Bigger Deals
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Saturday, July 18, 2015. Fewer Foreclosures May Bring Bigger Deals. Banks may be showing greater motivation to price at a discount some foreclosed homes they’ve had on their books for a long time, unlocking potential bigger discounts for investors, says Daren Blomquist, vice president at RealtyTrac. As foreclosure timelines swell, some banks are taking possession of homes that have stood vacant for three years or even more, in some cases. The states with the longest foreclosure timelines in May were:.
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Naples Homes & Condos: May 2015
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Tuesday, May 19, 2015. Study: Student loans don’t hinder mortgages. NEW YORK – May 19, 2015 – Young buyers aren't being held back from obtaining a mortgage due to their student loan debt, according to a new report released from TransUnion. Consumers between the ages of 18 and 29 with a student loan in repayment are "generally able" to qualify for new loans. Not only that, the study finds that those loans tend to perform as well or better than new loans to similarly aged consumers without student loans.
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Naples Homes & Condos: August 2014
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Thursday, August 28, 2014. Home prices just hit a 70-month high. Now for the bad news…. Home prices have soared over the past year, but the news isn’t all good on the home front. Pending home sales climb 3.3% in July to reach 11-month high. WASHINGTON (MarketWatch) - A gauge of pending home sales rose 3.3% in July to reach the highest level in 11 months, signaling that upcoming closings of existing homes are likely to speed up, the National Association of Realtors reported Thursday. The index of pending ...
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Naples Homes & Condos: April 2015
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Wednesday, April 29, 2015. NAR: Pending home sales at 17-month high. WASHINGTON – April 29, 2015 – Pending home sales in March continued their recent momentum, rising for the third straight month and remaining at their highest level since June 2013, according to the National Association of Realtors (NAR). The index has increased year-over-year for seven consecutive months and is at its highest level since June 2013 (109.4). Demand in many markets is far exceeding supply, and properties in March sold at a...
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Naples Homes & Condos: March 2015
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Tuesday, March 31, 2015. What’s Holding Potential Sellers Back? Existing-home sales are up nearly 5 percent from last year, but sales would be much higher if it wasn't for the negative equity overhang, economists say. The National Association of REALTORS recently reported that existing-home sales increased 4.7 percent in February compared to a year ago. About 35 percent of home owners nationwide are either in a negative equity position or have equity below 20 percent, according to some industry estimates.
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